433900+ entries in 0.165s
mircea_popescu: jcpham someone was opining that they got 300 chips of which 10 work
mircea_popescu: i guess this is why Diablo-D3 doesn't have a propertah
mircea_popescu: and if i run off i benefit bitcoin through decreased coin supply ?
mircea_popescu: wait. so if i keep going i benefit bitcoin through developing finance + paying mpoe-pr to aggravate forum people
mircea_popescu: i'd wager you can implement almost all currently used wall street contract types
mircea_popescu: you can do quite advanced banking stuff on what mpex offers as is,
mircea_popescu: mpex actually has all the infrastructure in place, with the signed pushes
mircea_popescu: im sure someone would be willing to issue short term loans against mpex assets.
mircea_popescu: seems more logical to either sell the stock or else pledge it as collateral/repo it with someone who specializes in this
mircea_popescu: the complexities of automated actuarial calculation tho...
mircea_popescu: jurov you know this reminds me of that joke, someone asks henry miller what sort of writing pays the best
mircea_popescu: but then again i guess miners aren't (yet) too sophisticated, financially.
mircea_popescu: i'd go as far as to say it's financially irresponsible for any large-ish mining operation to not hedge diff
mircea_popescu: one can put a bid in whether someone offers any or not
mircea_popescu: if you have a lot of btc it makes sense to sell some, maybe
mircea_popescu: if you actually have a mining farm active you can calculate both the volume and the price at which you should be buying to make a profit.
mircea_popescu: they should be pretty straightforward, i have no idea why people don't use them a lot more.
mircea_popescu: judging by the recent experience of the gem thingee, btc market is a lot more mature.
mircea_popescu: and tot volume is glbse bullshit. either 30 day or 1 year
mircea_popescu: also a point : () is traditionally notation for negative figures
mircea_popescu: i'll tell you something tho, it's good that you changed the way 7day etc volume is presented
mircea_popescu: market order guarantees execution, doesn't guarantee price
mircea_popescu: limit order guarantees price, doesn't guarantee execution
mircea_popescu: <Bugpowder> you should never use a market order, ever << why not ?
mircea_popescu: <topace> it'd be nice if the BUY response provided the order id << the webserver does not know what ids the orders will end up with.
mircea_popescu: "Asking for up to 5btc loan- returning 3%/day in a 2-4 weeks"
mircea_popescu: and for that matter naive investment doesn't work too well in fiat anyway.
mircea_popescu: we don't yet have the infrastructure to support naive investment,